DISA India Limited (500068) Q2 24/25 earnings summary

Executive summary

• Consolidated revenue for Q2 FY25 was ₹867.4 million, up from ₹804.5 million in Q2 FY24, with total income at ₹929.2 million for the quarter and ₹1,934.0 million for H1 FY25.

• Net profit after tax for Q2 FY25 was ₹124.9 million, compared to ₹83.1 million in Q2 FY24; H1 FY25 net profit was ₹276.8 million, up from ₹239.7 million year-over-year.

• The group operates in a single segment: manufacturing and selling of foundry machinery and machinery parts.

Financial highlights

• Gross margin improved as cost of materials consumed rose less than revenue; Q2 FY25 cost of materials was ₹496.1 million versus ₹448.7 million in Q2 FY24.

• EBITDA for Q2 FY25 was supported by higher other income (₹61.8 million) and lower inventory build-up.

• Basic and diluted EPS for Q2 FY25 was ₹85.88, up from ₹57.14 in Q2 FY24; H1 FY25 EPS was ₹190.34, up from ₹164.83 year-over-year.

• Total comprehensive income for Q2 FY25 was ₹123.9 million, compared to ₹82.3 million in Q2 FY24.

Outlook and guidance

• Order backlog as of September 30, 2024, stood at ₹2,962 million, indicating a strong pipeline for future revenue.